8, BUTTS CLOSE, WILLITON, TAUNTON, TA4 4SB - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 BUTTS CLOSE is a very small detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £292,944. It was last sold for £295,000 in August 2022, which was around 36% below the average August 2022 detached price in the Somerset local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

8 BUTTS CLOSE Sold Prices

Land registry data shows two sales for 8 BUTTS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two 8 BUTTS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 8 AUG	£295,000	£461,544	36% below HPI
1997 29 JAN	£72,500	£90,504	20% below HPI

8 BUTTS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two 8 BUTTS CLOSE sales from January 1997 and August 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 BUTTS CLOSE be worth now?

8 BUTTS CLOSE might now be worth an estimated £292,944.

This is based on house price deflation of 0.7%, between August 2022 and May 2026, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for 8 BUTTS CLOSE of £295,000 on 8th August 2022. For the value to have decreased from £295,000 to £292,944 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 8 BUTTS CLOSE has moved in line with the HPI for detached houses in the Somerset local authority area.
• The August 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BUTTS CLOSE has not materially changed since August 2022.

How Large is 8 BUTTS CLOSE?

8 BUTTS CLOSE is 63m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Williton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Williton, and where 8 BUTTS CLOSE lies on this distribution: 3% of detached houses houses are smaller than 8 BUTTS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Williton.

8 BUTTS CLOSE: Plot and Title Map

8 BUTTS CLOSE sits on a plot of roughly 0.198 of an acre, or 801m². The below map shows the location of 8 BUTTS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 BUTTS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 BUTTS CLOSE?

8 BUTTS CLOSE is located in WILLITON, in the TA4 postcode district. The below map shows the position of No. 8 on BUTTS CLOSE.